Customs Duties or Import duty A tax charged on certain goods which are brought into a coun… More and taxes will be pending and need to be cleared while importing goods into Nigeria Either by a private individual or a commercial entity.
The valuation method is CIF.
Below is the Duty and Sales tax Known as VAT (Value Added Tax) in the UK. A tax based on the… More for Nigeria :
| Duty Rates | Average Duty Rate | Sales Tax(GST) | Threshold on goods |
|---|---|---|---|
| 0% to 35% | 16.96% | ST=5% VAT = ST * (CIF + Duty+ other taxes) | No minimum threshold(All the goods are duty and taxes payable irrespective of import value) |
Extra taxes and customs fees while importing:
| Type of TaxA fee imposed by a government on personal or corporate income… More | Products | Rates |
|---|---|---|
| Excise duty | Only some products | 5% to 30% |
| Sugar levy | Related products | 10% to 20% |
| Rice levy | Related products | 20% |
| Cigarettes levy | Related products | 50% to 100% |
| Automotive levy | Related products | 10% to 20% |
Please find the lists and detailed information about other taxes here.
Below is the Excise Duty in Nigeria :
| HS-Code | ProductThe result of a manufacturing or natural process (such as fo… More Description | Duty |
|---|---|---|
| 3303.0000.00, 3304.3000.00 and 3307 | Perfumes and Other toilet Water, Cosmetics | 5% |
| 2202.1000.00 – 2202.9000.91 – 2202.9000.99; 2009.1100.12 to 2009.9000.99 | Non Alcoholic Beverages, Fruit Juice | 5% |
| 3401 or 3402 | Soap and Detergent | 5% |
| 2203.0010.00 and 2203.0090.00 | Beer and Stout | 20% |
| 2204.1000.00 – 2205.9000 | Wines | 20% |
| 1902.1100 – 1902.3000 | Spaghetti/Noodles | 5% |
| 2206.0000.00 – 2209.0000.00 | Spirits and other alcoholic beverages | 20% |
| 2402.1000 – 2402.9000 2403.1000 – 2403.9900.00 | Cigarettes and tobacco | 20% |
| 4911.9990.91 | Telephone recharge cards/vouchers | 5% |
| 4808.1000, 4819.1000 – 4819.2000 | Corrugated paper or paper board and cartons, boxes and cases made from corrugated paper and paper board. | 5% |
| 4818.1000 – 4818.9000 | Toilet papers, cleansing or facial tissue. | 5% |
NOTE:
All extra charges are applied to the sum of the CIF value and duty. *
Source : (https://customsdutyfree.com/nigeria-customs-and-import-duty-tax-calculation-method/ )
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